Early-Bird Analyst Upgrades & Downgrades (DKS, IDXX, MA, WIT, ACS, ADP, CHT, FMCN, NT, PTI, TSS)

These are some of the upgrades and downgrades we are seeing from Wall Street this Tuesday morning:

  • Dick’s Sporting Goods (DKS) Raised to Outperform at Baird.
  • IDEXX Laboratories (IDXX) Started as Buy at Piper Jaffray.
  • Mastercard (MA) Raised to Buy at Goldman Sachs.

  • Wipro (WIT) Raised to Neutral at Goldman Sachs.
  • Affiliated Computer Services (ACS) Cut to Neutral at Goldman Sachs.
  • Automatic Data Processing (ADP) Cut to Neutral at Goldman Sachs.
  • Chunghwa Telecom Co. Ltd. (CHT) Cut to Neutral at Goldman Sachs.
  • Focus Media (FMCN) kept as Buy but Target cut to $59 from $80 at Citigroup.
  • Nortel (NT) Started as Sector Perform at CIBC.
  • Patni Computer Systems (PTI) Cut to Sell at Goldman Sachs.
  • Total System Services (TSS) Cut to Sell at Goldman Sachs.

Jon C. Ogg
August 19, 2008

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